M&A Deal Summary

Morinaga Acquires Tofurky

On February 10, 2023, Morinaga acquired food company Tofurky

Acquisition Highlights
  • This is Morinaga’s 1st transaction in the Food sector.
  • This is Morinaga’s 2nd transaction in the United States.
  • This is Morinaga’s 1st transaction in Oregon.

M&A Deal Summary
Date 2023-02-10
Target Tofurky
Sector Food
Buyer(s) Morinaga
Deal Type Add-on Acquisition

Target

Tofurky

Hood River, Oregon, United States
Tofurky is a manufacturer of plant-based meats, making lip-smacking plant-based foods that are kind to people, animals and the environment. All Tofurky’s foods are made with the highest quality ingredients and are indulgent ways for everyone from vegans to flexitarians to enjoy their favorite comfort recipes. Tofurky was founded in 1980 and is based in Hood River, Oregon.

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Buyer(S) 1

Buyer

Morinaga

Torrance, California, United States
Category Company
Founded 1985
Sector Food
DESCRIPTION

Morinaga is a producer of soy products, probiotics, and postbiotic ingredients, is dedicated to providing food products that promote human health, deliver nutritional content, and taste great, driven by a passion for innovation and quality. Morinaga was founded in 1985 and is based in Torrance, California.

DEAL STATS #
Overall 2 of 2
Sector (Food) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Oregon) 1 of 1
Country (United States) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-10 Prosperity Advisors

Overland Park, Kansas, United States

Prosperity Advisors is an advisory company that provides solutions and advisory services to clients for investment. Prosperity Advisors was founded in 1989 and is based in Overland Park, Kansas.

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